[밸류업 점검] 두산, 사업형 지주사 강점에 배당 유연성 확보

Doosan's operational holding company structure provides dividend flexibility that pure holding companies cannot match, allowing sustained high payouts while improving profitability. The electronics division is experiencing explosive profit growth (296% YoY) driven by AI datacenter demand for advanced CCL materials, creating sustainable cash flow to support consistent dividend policies. This structural advantage combined with secular AI infrastructure trends positions Doosan to maintain high-dividend status and mitigate the traditional holding company valuation discount.